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The brand is said to be considering Birmingham or Bridgend, in South Wales, for the new factory. But Midland business and civic leaders are desperate for the luxury carmaker to choose Longbridge as the ideal base to connect with the region’s booming automotive sector .

Aston Martin is reported to have held talks with the Government and regional funding bodies over the potential of obtaining grants to support plans to build an eco-friendly electric or hybrid 4x4 .

Longbridge – home to car-making for more than a century – is the most realistic plot in the city for an Aston Martin plant.

Currently, there are only two choices with enough industrial land for a new car plant – the other being the council-owned Peddimore site near Walmley, in Sutton Coldfield, which would have to be released from green belt.

David Bailey, professor of industrial strategy at Aston Business School, said: “The problem Birmingham has is a lack of industrial land but there are still one or two sites which would be suitable, and it would likely be a fairly small facility, including Longbridge.

“That would really be fantastic, bringing Aston Martin to that site. Obviously MG are making some cars there but that would be great for south Birmingham.

“There is a general issue across the West Midlands with Jaguar Land Rover growing quickly and taking so many of the skills, but hopefully more can be done in order to get people back into the industry.”

Longbridge

An Aston Martin spokeswoman declined to comment on speculation over a new plant but it has been reported to be looking for a base to produce 3,000 of its DBX crossover vehicles a year.

Aston, owned by the Italian private equity fund Investindustrial and Kuwait’s Investment Dar, hopes its green technology will help it to secure Government funding towards the plan.

A spokeswoman said there were no current plans to set up at Longbridge.

She said: “We are studying the business case for the DBX and a significant part of that involves how and where we build that vehicle.”

Business and civic leaders say Longbridge would have a strong case and would mark a major boost a decade after the MG Rover collapse.

Site owner St Modwen plans to create 10,000 jobs on the land over a 20-year period but is little more than a third of the way to that target.

Birmingham Chamber of Commerce spokesman John Lamb said: “The suppliers are here and Birmingham is at the heart of the car manufacturing industry. There are hundreds of suppliers in this area and having such a classic name as Aston Martin investing here would be a fillip for the area. Longbridge is a traditional home of car manufacturing.”

Richard Burden, Labour’s General Election candidate for the Northfield constituency, which includes Longbridge, said he had not held talks with Aston Martin, but would seek them.

He said: “Longbridge is a place of tremendous heritage and its location next to the Shanghai Automotive Industry Corporation research and development centre could create real synergies for Aston Martin.

“It would help to make Birmingham a centre for high value specialist performance engineering along with Jaguar Land Rover to the north.

“I will certainly be looking to talk to Aston Martin.”

Conservative candidate Rachel Maclean added: “We have the skills here and the people willing and able to work – and this is a historic home of car-making. 10 years after the collapse of MG Rover, this would be a wonderful story.”

Also standing in Northfield are Liberal Democrat Steve Haynes, Anna Masters of the Green party and UKIP candidate Keith Rowe.